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Rubicon Technology (NASDAQ:RBCN), manufactures and sells moncrystalline sapphire and other types of crystalline products for semiconductor industry. Their products are used for Light-Emitting Diodes (“LEDs”), radio frequency integrated circuits (“RFICs”), blue laser diodes, optoelectronics and other optical applications.

All quotations are from the company's most recent S-1 filing with links provided.

RUBICON TECHNOLOGY (RBCN)
Business Overview (from prospectus)

We are an advanced electronic materials provider that develops, manufactures and sells monocrystalline sapphire and other innovative crystalline products for Light-Emitting Diodes (“LEDs”), radio frequency integrated circuits (“RFICs”), blue laser diodes, optoelectronics and other optical applications. The emergence of sapphire in commercial volumes at competitive prices has enabled the development of new technologies such as high brightness (“HB”) white, blue and green LEDs and highly-integrated RFICs. We apply our proprietary crystal growth technology to produce high-quality sapphire products efficiently to supply a large and growing end-market demand, and we work closely with our customers to meet their quality and delivery needs. We believe we are the leading supplier of sapphire products to the LED industry.

Offering: 6.7 million shares at $12.00 - $14.00 per share. Net proceeds of approximately $63.1 million will be used to repay debt and for general corporate purposes.

Lead Underwriters: UBS Investment Bank, Canaccord Adams

Financial Highlights:

Revenue was $14.7 million for the nine months ended September 30, 2006 and $24.6 million for the nine months ended September 30, 2007, an increase of $9.9 million, or 67%... Gross profit was $788,000 for the nine months ended September 30, 2006 and $8.3 million for the nine months ended September 30, 2007, an increase of approximately $7.5 million... G&A expenses were $2.6 million for the nine months ended September 30, 2006 and $3.6 million for the nine months ended September 30, 2007, an increase of $958,000... Sales and marketing expenses were $889,000 for the nine months ended September 30, 2006 and $492,000 for the nine months ended September 30, 2007, a decrease of $397,000... R&D expenses were $519,000 for the nine months ended September 30, 2006 and $553,000 for the nine months ended September 30, 2007.

Additional Resources:

Source: Semiconductor Equipment IPO: Rubicon Technology